My favorite economics blogger and fellow Bullets fan and food lover has a new book out. It's a little disconcerting that the "Great Stagnation" has been replaced by "Average is Over" so quickly, but predictions are hard, especially about the future, as Yogi Berra is once reported to have said.
He has an interesting interview on ESPN, in which he opines that the NBA should get rid of the draft to prevent tanking and that, as in the theme of his book, the top talent is undervalued, and middle level players (for example, all of the veterans on the current Wizards roster) are overpaid.
Interesting throughout, although the interviewer seems to be somewhat new to the profession. I've read all of Cowen's books over the last ten years and there is something to recommend in every one.
He has an interesting interview on ESPN, in which he opines that the NBA should get rid of the draft to prevent tanking and that, as in the theme of his book, the top talent is undervalued, and middle level players (for example, all of the veterans on the current Wizards roster) are overpaid.
Interesting throughout, although the interviewer seems to be somewhat new to the profession. I've read all of Cowen's books over the last ten years and there is something to recommend in every one.
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